Delaware Public Media

Business

Delaware Public Media's coverage of the business-related stories.

Delaware Public Media

Unemployment in The First State dipped slightly last month.

Delaware’s jobless rate slipped a tenth of a percent for a second straight month, falling to 4.3 percent in March.

Sophia Schmidt/Delaware Public Media

Student loan company Sallie Mae cut the ribbon on its second Delaware location Monday.

 

The new office, on Christiana Road in New Castle, will host a call center as well as operations and customer service positions. It will fit over 500 employees, but currently houses only 321.

That’s because Sallie Mae hopes to hire 300 additional employees in the First State over the next three years.

Bank of America has found a single buyer for two Wilmington buildings—Bracebridge I on N. King St. and Bracebridge III on N. French St.— that it announced were for sale in February of last year.


The Port of Wilmington board is recommending state lawmakers approve a 580 million dollar deal with port operator Gulftainer. 


Susanne Zilberfarb / Delaware Soybean Board

The Chinese Government announced Wednesday, that if the Trump Administration imposes tariffs on steel and aluminum it would respond with tariffs on a list of items including soybeans and corn. Farmers in the First State say that would severely reduce their annual income.


Delaware Public Media

The spring spike in gas prices continues.

AAA Mid-Atlantic reports the average cost of a gallon of regular statewide is now $2.60.

Courtyard by Marriot University of Delaware

In his budget address this week, New Castle County Executive Matt Meyer requested state legislation allowing the county to add a new tax on hotel stays, but some hotel owners think it’s unfair.


Delaware Public Media

Gov. John Carney announced Thursday the state has struck a deal to expand the Port of Wilmington.

 

Gulftainer Group has a preliminary agreement with Delaware to lease the port and construct a new container shipping facility at the former DuPont Edgemoor site on the Delaware River.

Courtesy of City of Rehoboth Beach

The City of Rehoboth Beach will increase how much it costs to rent its renovated convention center next year.


Delaware Public Media

First State drivers are paying more to fill up their gas tanks here at the start of spring.

Prices at the pump spiked last week.  AAA Mid-Atlantic reports the average cost of a gallon of regular statewide is now $2.56.

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